Articles

Hated and cheap: Why Ray Dalio says he’s not giving up on this embattled asset class.

The hedge-fund founder defends his investments in China as others start to warm up to those embattled stocks.

JPMorgan credit outlook upgraded to positive from stable at S&P for ‘superior resilience’

S&P cites megabank’s ‘business strength’ as well as its diversification

Verve Therapeutics stock plunges as cholesterol-lowering gene-editing treatment faces setback

Verve Therapeutics shares dropped more than 30% early Tuesday after the company paused enrollment in a trial of its gene-editing treatment for heart disease.

How much will you need to retire? America’s ‘magic number’ surges to $1.46 million

The gap between our goals and reality has never been wider

Rivian tops consensus estimates with first-quarter deliveries but stock still falls

Rivian Automotive Inc. said Tuesday it delivered 13,588 vehicles in the first quarter, beating the FactSet consensus for 13,000.

Schlumberger to spend $7.8 billion in stock to buy ChampionX

Oil services company Schlumberger Ltd. announced Tuesday an agreement to buy chemical and drilling technologies company ChampionX Corp. in an all-stock deal valued at about $7.8 billion.

U.S. dollar climbs to 4.5-month high as expectations for June rate cut dim

An index tracking the strength of the U.S. dollar against a basket of rivals touched its highest level since mid-November on Tuesday, adding to the headwinds facing U.S. stocks.

UL Solutions launches IPO with plans for valuation of up to $5.8 billion

UL Solutions Inc., a testing, inspection and certification company, launched its initial public offering on Tuesday with plans to issue 28 million shares priced at $26 to $29 each.

GE spins off GE Vernova, pivots to pure-play aerospace stock

GE Aerospace and GE Vernova begin life Tuesday as two, separate stocks as they ring the opening bell on the New York Stock Exchange.

Tesla deliveries are on deck, but Wall Street gets a somber signal out of China

Tesla’s March sales of China-made EVs in the country were nearly flat from a year before.

Medicare Advantage rate disappointment sinks stocks of UnitedHealth, Humana

Shares of health insurers providing Medicare Advantage plans were hit hard Tuesday, after the Centers for Medicare and Medicaid Services announced a payment rate that disappointed investors looking for a bigger increase.

My elderly parents are hoarders. I see them once a year. They say cleaning up their ‘junk’ will be my problem after they die. What can I do?

“They have lived in the same house in New Jersey for 50 years and they don’t throw anything away.”
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